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plus...the obamacare parallel...we talk to former wisconsin governor and medicare spearhead tommy thompson. and...a lot of ground to cover...the boys debate amazon's intentions with drone delivery in traders unplugged. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's friday, december 6th. i'm angela miles. in today's first look: the jobs report out this morning could dominate the trading day. it's expected 185,000 jobs were added to payrolls in november. and the unemployment rate ticked down to 7.2% from 7.3% the stock market has been selling off into the report. the dow and s&p dropped for the 5th session, yesterday. the market is having a small anxiety attack that decent job growth could cause the fed to taper its bond buying program. gold lost 22 dollars. and oil edged up 16 cents pension tension in illinois. the governor has signed landmark legislation that includes cutting benefits to cover a $100 billlion deficit. unions are planning a fight. and starbucks is out with a fancy shmancy metal gift card.
plus...the obamacare parallel...we talk to former wisconsin governor and medicare spearhead tommy thompson. and...a lot of ground to cover...the boys debate amazon's intentions with drone delivery in traders unplugged. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's friday, december 6th. i'm angela miles. in today's first look: the jobs report out this morning could dominate the trading day. it's expected...
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we are joined by tommy thompson, former the chief as director under president bush. i find that one meeting extraordinary. what is your reaction? >> it is one of the reasons they are having so many problems with the rollout. when we rolled out hard be which was ten years on december 8th when president bush signed into law and asked me the job of getting it passed, we were every single day checking and rechecking and retesting to make sure the rollout would be successful and as a result part d has turned out to be one of the most successful programs for seniors set. stuart: why is president bush at hands-on manager of what you brought into part d? he was a hands-on guy as opposed to president obama? >> he was more hands on than president obama but he also said it is your responsibility to do this. he said i don't have time to do it, you make sure it works and he asked us to do it, the cms and fda and myself and all the other individuals, make sure it works and we spent a lot of time testing and retesting and so you have to do that. you have to give your secretary the
we are joined by tommy thompson, former the chief as director under president bush. i find that one meeting extraordinary. what is your reaction? >> it is one of the reasons they are having so many problems with the rollout. when we rolled out hard be which was ten years on december 8th when president bush signed into law and asked me the job of getting it passed, we were every single day checking and rechecking and retesting to make sure the rollout would be successful and as a result...
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and tommy thompson says you have a bunch of angry americans not exactly celebrating the new year and over to the human health and services secretary of the united states. secretary, that's a big prrblem. >> oh, it is a huge problem and there are so many problems with this law, you mentioned some of them since i've been listening to you. the big one is that the young people are not signing up. you wait until they find out that about 40% of their premium is going to going to subsidize people like me. and they are not idiots. young people know that part of the strategy here is that they would have to pay in. >> so what do you think that they will do? >> why would a young person say i'm not going to have insurance and i don't know that i will make sure that people in my category are going to be taken care of? they are going to be smart enough to understand it. secondly, so many people are working so hard to get through this. neil: if you've gone through this ordeal, you've made the assumption. come january the first, you are not necessarily part of this. and if you haven't pid anything,
and tommy thompson says you have a bunch of angry americans not exactly celebrating the new year and over to the human health and services secretary of the united states. secretary, that's a big prrblem. >> oh, it is a huge problem and there are so many problems with this law, you mentioned some of them since i've been listening to you. the big one is that the young people are not signing up. you wait until they find out that about 40% of their premium is going to going to subsidize...
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Dec 1, 2013
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thompson kt /* /- connecticut. that injured 70. then in the same month having to do with metro-north a track foreman was struck and killed by metro-north passenger train in west haven, connecticut. we heard chairman with the ntsb saying she was concerned about the number of incidents happening involving metro-north. so they will be looking at all of these past incidents. but she asked about the track record, safety record. we were able to pull up that information on the government website and we found over the last two years in 2011 there were five derailments. last year, there were three. and for this year, they listed three derailments, unclear if today's incident is included in that number. rosa? >> all right. renee marsh live for us in washington. thank you so much. >> still ahead here on cnn, he became a star in a series of films about street racing. what we're learning about the car crash that killed one of the main faces of the fast and the furious franchise. that's next. it's black friday weekend at verizon
thompson kt /* /- connecticut. that injured 70. then in the same month having to do with metro-north a track foreman was struck and killed by metro-north passenger train in west haven, connecticut. we heard chairman with the ntsb saying she was concerned about the number of incidents happening involving metro-north. so they will be looking at all of these past incidents. but she asked about the track record, safety record. we were able to pull up that information on the government website and...
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Dec 18, 2013
12/13
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. >> reporter: with so little time and space and so much need, the food program's tommy thompson says bartolo's team has shortened delivery times by days. >> what they really provide is local expertise, because we're really in a race against time. they can alert us to way systems work in the country. so we now know how to import, how things should be labeled so we don't have customs delays. >> reporter: back at the warehouses, bartolo's big challenge is to ship things out without delay. he worries a lot of it is in danger of rotting in the heat and humidity. >> especially the rice. in the afternoon, there's always a downpour and were afraid that some of the roofing of the warehouse are not yet repaired so there are leaks. >> reporter: for now, relief officials say at least the most basic food need is being met. the on going challenge will be to keep replenishments moving in and out swiftly. the next priority for many in the recovery effort is sanitation-- everything from latrines to toiletry essentials. >> this is meant for a family of five for a month. >> reporter: but catholic relie
. >> reporter: with so little time and space and so much need, the food program's tommy thompson says bartolo's team has shortened delivery times by days. >> what they really provide is local expertise, because we're really in a race against time. they can alert us to way systems work in the country. so we now know how to import, how things should be labeled so we don't have customs delays. >> reporter: back at the warehouses, bartolo's big challenge is to ship things out...
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Dec 8, 2013
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thompson. as think progress noted an economic policy institute report found, quote, for any problem a businessman might have from minimum wages to bargaining rights to corporate taxes, there's an a.l.e.c. bill to fix it. quote, over the past decade, a.l.e.c.'s corporate backers have contributed more than $370 million to state elections and over 100 laws a year based on a.l.e.c.'s model bills that have been adopted. as the group met in washington this week, we learned they may be falling on hard times. according to "the guardian" following the negative attention on stand your ground laws after the death of trayvon martin last year, more than 60 corporations dropped their membership. i will mention that in full disclosure, our parent company, comcast, is still a member. but it wasn't just corporations that went running. as reported by "the guardian" this week, a.l.e.c. has also lost almost 400 state legislators from its membership over the past two years. and in the first six months of this year,
thompson. as think progress noted an economic policy institute report found, quote, for any problem a businessman might have from minimum wages to bargaining rights to corporate taxes, there's an a.l.e.c. bill to fix it. quote, over the past decade, a.l.e.c.'s corporate backers have contributed more than $370 million to state elections and over 100 laws a year based on a.l.e.c.'s model bills that have been adopted. as the group met in washington this week, we learned they may be falling on hard...
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Dec 6, 2013
12/13
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thompson out there, governor jerry brown or whoever, those who maintain the outcome when it comes to college affordability. you guys can empower them to do that. >> mr. bishop, you're recognized for 12 minutes. >> and this has been helpful and informative and i just want to pick up from the last line of questions and answers and we have had multiple witnesses, ford this committee at the impact, real or imagined of availability relative to increasing costs. in almost without this, they have testified that there is no connection is that the principal driver is what you just said and we ought to ssm based upon our actual experience and i think to continuously put this into the mix of our assessment what is essentially part of this, which is that this is driving the increase of costs, it is not helpful and does not help us assess the future of these programs as we would like. and i want to focus on the current status and current law. the pell will be exposed to sequestration this includes the vantage point of your community college. >> that really is a good. >> 7% reduction, certainly is
thompson out there, governor jerry brown or whoever, those who maintain the outcome when it comes to college affordability. you guys can empower them to do that. >> mr. bishop, you're recognized for 12 minutes. >> and this has been helpful and informative and i just want to pick up from the last line of questions and answers and we have had multiple witnesses, ford this committee at the impact, real or imagined of availability relative to increasing costs. in almost without this,...
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Dec 3, 2013
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create another tommy thompson or jerry brown or whoever any governor to maintain an outcome when it comes to college affordability. you guys can empower them to do that. >> thank you. i yield back. >> thank you. you are recognized for five minutes. >> thank you very much. thank you for holding this series of hearings. i think they have been very helpful and very informative. i want to thank our panel of witnesses. i just want to pick up from the last line of questioning and answerrings. we've had multiple witnesses come before the committee. republican withins, democratic witnesses to testify on the impact real or imagined of availability of federal student financial aid relative to increase in cost. and almost without sale. say that have all testified there is no connection between federal student financial aid programs and the extent to which costs are increasing. and when they almost all testify to the principle driver of college cost is what you just said. with that is to say the retreat from sporting public education on the part of the state and local community. i think we have to as
create another tommy thompson or jerry brown or whoever any governor to maintain an outcome when it comes to college affordability. you guys can empower them to do that. >> thank you. i yield back. >> thank you. you are recognized for five minutes. >> thank you very much. thank you for holding this series of hearings. i think they have been very helpful and very informative. i want to thank our panel of witnesses. i just want to pick up from the last line of questioning and...
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curried another tommy thompson. to maintain an outcome of affordability. you can tell them to do that. let's thank you. your recognize for five minutes. >> the seventh very helpful and informative. i want to thank our panel of witnesses. just want to pick up from the last line of questioning and answers. we have had multiple witnesses come before this committee to real oron the impact imagined of availability of federal student financial aid relative to increase in cost. fail, they have all testified there is no between federal aid programs in the extent to which costs are increasing. what they almost all testified to is that the principal driver is what you just said. retreat from supporting public education on the part of the state and local communities. we have to assess pell and other programs. onought to assess them based our actual experience. to continuously put into the mix what is essentially a canard, that federal student aid is driving increase in costs is not helpful and does not help us assess the future of these programs as we must. want to f
curried another tommy thompson. to maintain an outcome of affordability. you can tell them to do that. let's thank you. your recognize for five minutes. >> the seventh very helpful and informative. i want to thank our panel of witnesses. just want to pick up from the last line of questioning and answers. we have had multiple witnesses come before this committee to real oron the impact imagined of availability of federal student financial aid relative to increase in cost. fail, they have...